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Darden Offers More Concessions To Activist Investors

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Embattled Darden Restaurants offered Tuesday to replace eight of its 12 board directors as the company also warned about another weak quarter for Olive Garden. Darden Restaurants Inc. chairman Charles Ledsinger and seven other members have offered to retire and be replaced with four board nominees from activist Starboard Values and four new nominees, the company…

Darden offers more concessions to activist investors

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